Belgium Plastic Industry Outlook 2022 - 2026

Key Market Indicators

Sales of plastic products in Belgium are expected to reach €7.3 billion by 2026, up from €7.1 billion in 2021. This represents an annual growth rate of 0%. Since 2013, Belgian market has seen a year-on-year decrease of 2.9%. In 2021, Belgium was placed ninth in the ranking, overtaken by the Czech Republic at €7.1 billion. Italy, France, and the UK took the top three spots respectively. Belgian plastic imports are predicted to reach $21.5 billion by 2026, increasing from $19.8 billion in 2021. This equates to an average year-on-year growth of 1.2%. Since 2004, Belgian demand has increased by 2.8% year on year. In 2021, the country ranked seventh, overtaken by Italy at $19.8 billion. The US, Germany, and France took the top three spots respectively. Finally, Belgian plastic exports are anticipated to reach $33.9 billion by 2026, up from $31.6 billion in 2021. This corresponds to a CAGR of 0.9% year on year. Since 2004, Belgian supply has grown by 3.2% year on year. In 2021, the country ranked fifth, overtaken by South Korea at $31.6 billion. The US, Germany, and South Korea were the top three countries respectively.

Belgium Plastic Market Data and Forecasts

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• Plastics and Synthetic Resin Manufacturing: Navigating Trends and Opportunities in Complex Markets

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• Exploring Versatility: Polyurethane Chemicals, Persistent Innovations in Rigid & Flexible Foams, Elastomers

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• Plastics Industry: Captivating Trends in Construction, Engineering, and Compounding Sectors

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• Reinforced Plastics: Navigating the Dynamics of a Rapidly Evolving Sector

  The reinforced plastics market is undergoing significant transformation, largely driven by advancements in technology and raw material refinement techniques. The ability to produce robust, yet flexible materials, has made reinforced plastics an increasingly crucial entity in various industries such as automotive, aerospace, and construction. The push for greater sustainability has...

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